Despite its volatile nature and its unstable price, cryptocurrency appears to have garnered a very wide level of acceptance over the years. According to Statista, as at May 12th, 2022, the value of the world [...]
The question of what constitutes trademark infringement in Nigeria is fundamental in the protection of intellectual property rights. On 10th March 2022, the Federal High Court sitting in Abuja delivered two judgements and established certain principles [...]
In today’s world, social media influencing has become a very lucrative venture. From Cristiano Ronaldo (who stands out as the highest-paid Instagram influencer in the world) earning a pay ranging from $619,497 to $1,000,000 per sponsored post to [...]
On Tuesday, 10 May 2022 the Nigerian Senate passed the Arbitration and Mediation Bill (“the Bill”), which will repeal the Arbitration and Conciliation Act Chapter A.18, Laws of the Federation of Nigeria, 2004 which became [...]
Alternative dispute resolution (ADR) is fast becoming popular as a relatively easier method of resolving intellectual property (IP) and technology (tech) disputes. This is apparent from the rising number of IP and tech disputes handled [...]
Following the celebration of #WorldIPDay, we examine the growth of the Nigerian creative industry, identify ways to protect creativity and innovation in Nigeria, and suggest areas of improvement for the protection of IP rights in Nigeria. [...]
AELEX celebrates the young innovators breaking boundaries! We hope you will keep birthing ideas and churning out inventions to better your world and we remain committed to supporting you all the way! Happy World Intellectual Property [...]
Download pdf Following the approval granted by the President of the Federal Republic of Nigeria – President Muhammadu Buhari, the Ministry of Communications and Digital Economy on the 4th [...]
While there is a lot of interest and fascination surrounding existing digital assets, like cryptocurrencies and non-fungible tokens (“NFTs”), many individuals and corporations are ramping up their efforts to market and provide virtual goods and [...]
AELEX is the exclusive contributor on the Nigerian Chapter of the 12th edition of The Inward Investment and International Taxation Review. The guide provides an overview of tax laws and regulations applicable in Nigeria and [...]
The Lagos Division of the Federal High Court recently examined the respective roles of the Minister of Interior and the Registrar of Marriages with respect to the conduction of statutory marriages. Contrary to many reports, [...]
In a landmark judgement delivered on 10th March 2022, the Federal High Court sitting in Abuja dismissed an Appeal seeking to set aside the ruling of the Registrar of Trademarks in respect [...]
The increased deployment of fibre optic technology within the telecommunications sphere in Nigeria foregrounds the necessity for adequate regulation of the operation, installation, and deployment of fibre optic cables across the country by telecommunication companies. [...]
The ǼLEX Fintech Centre (“the Centre”) in its latest podcast hosts Adaeze Sokan, the Country Director at UK NG Tech Hub. In this podcast episode, she discusses the gradual integration of socio-technical systems, as well as other insights [...]
With a low percentage of Nigeria's population investing in the stock market and fewer Nigerians interested in investment opportunities, the rise of Robo Advisors is a welcome alternative in the financial advisory market ("the Market") in Nigeria. [...]
The recently signed Finance Act, 2021 (“Act”), which took effect on 1 January 2022, contains provisions that potentially increase the cost of a merger/acquisition transaction. Before the Act, Capital Gains Tax (“CGT”) was not payable [...]
The advent of streaming video on demand platforms (SVOD) has made access to virtual content relatively easy. As a matter of fact, it is one of the many benefits that comes with the internet and [...]
a new dawn for cross border financial transactions in Africa On 13th January 2022, the Pan African Payment and Settlement System (PAPSS) platform was launched by the Africa Export-Import Bank (Afreximbank), [...]
Healthcare technology, commonly referred to as “healthtech,” refers to startups that use technologies developed for the purpose of improving different aspects of the healthcare system. In Nigeria, healthtech has been on the rise with a [...]
Regarded as the “Next Big thing” in the tech space, Non-Fungible Tokens (NFTs) have been the breakout digital assets, thanks to their profitability. Millions of dollars are being generated from the minting and sale of [...]
